diff --git a/.coveragerc b/.coveragerc
index eef39ded2bf..48701a8563a 100644
--- a/.coveragerc
+++ b/.coveragerc
@@ -316,6 +316,7 @@ omit =
     homeassistant/components/hydrawise/*
     homeassistant/components/hyperion/light.py
     homeassistant/components/ialarm/alarm_control_panel.py
+    homeassistant/components/iammeter/sensor.py
     homeassistant/components/iaqualink/binary_sensor.py
     homeassistant/components/iaqualink/climate.py
     homeassistant/components/iaqualink/light.py
diff --git a/CODEOWNERS b/CODEOWNERS
index d76b0abc8a8..89417c4ca56 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -163,6 +163,7 @@ homeassistant/components/http/* @home-assistant/core
 homeassistant/components/huawei_lte/* @scop
 homeassistant/components/huawei_router/* @abmantis
 homeassistant/components/hue/* @balloob
+homeassistant/components/iammeter/* @lewei50
 homeassistant/components/iaqualink/* @flz
 homeassistant/components/icloud/* @Quentame
 homeassistant/components/ign_sismologia/* @exxamalte
diff --git a/homeassistant/components/iammeter/__init__.py b/homeassistant/components/iammeter/__init__.py
new file mode 100644
index 00000000000..b53cc35197c
--- /dev/null
+++ b/homeassistant/components/iammeter/__init__.py
@@ -0,0 +1 @@
+"""Support for IamMeter Devices."""
diff --git a/homeassistant/components/iammeter/manifest.json b/homeassistant/components/iammeter/manifest.json
new file mode 100644
index 00000000000..e1b021c8ce0
--- /dev/null
+++ b/homeassistant/components/iammeter/manifest.json
@@ -0,0 +1,12 @@
+{
+  "domain": "iammeter",
+  "name": "IamMeter",
+  "documentation": "https://www.home-assistant.io/integrations/iammeter",
+  "codeowners": [
+    "@lewei50"
+  ],
+  "requirements": [
+    "iammeter==0.1.3"
+  ],
+  "dependencies": []
+}
diff --git a/homeassistant/components/iammeter/sensor.py b/homeassistant/components/iammeter/sensor.py
new file mode 100644
index 00000000000..b043a6e9832
--- /dev/null
+++ b/homeassistant/components/iammeter/sensor.py
@@ -0,0 +1,130 @@
+"""Support for iammeter via local API."""
+import asyncio
+from datetime import timedelta
+import logging
+
+import async_timeout
+from iammeter import real_time_api
+from iammeter.power_meter import IamMeterError
+import voluptuous as vol
+
+from homeassistant.components.sensor import PLATFORM_SCHEMA
+from homeassistant.const import CONF_HOST, CONF_NAME, CONF_PORT
+from homeassistant.exceptions import PlatformNotReady
+from homeassistant.helpers import debounce
+import homeassistant.helpers.config_validation as cv
+from homeassistant.helpers.entity import Entity
+from homeassistant.helpers.update_coordinator import DataUpdateCoordinator, UpdateFailed
+
+_LOGGER = logging.getLogger(__name__)
+
+DEFAULT_PORT = 80
+DEFAULT_DEVICE_NAME = "IamMeter"
+
+PLATFORM_SCHEMA = PLATFORM_SCHEMA.extend(
+    {
+        vol.Required(CONF_HOST): cv.string,
+        vol.Optional(CONF_NAME, default=DEFAULT_DEVICE_NAME): cv.string,
+        vol.Optional(CONF_PORT, default=DEFAULT_PORT): cv.port,
+    }
+)
+
+SCAN_INTERVAL = timedelta(seconds=30)
+PLATFORM_TIMEOUT = 8
+
+
+async def async_setup_platform(hass, config, async_add_entities, discovery_info=None):
+    """Platform setup."""
+    config_host = config[CONF_HOST]
+    config_port = config[CONF_PORT]
+    config_name = config[CONF_NAME]
+    try:
+        with async_timeout.timeout(PLATFORM_TIMEOUT):
+            api = await real_time_api(config_host, config_port)
+    except (IamMeterError, asyncio.TimeoutError):
+        _LOGGER.error("Device is not ready")
+        raise PlatformNotReady
+
+    async def async_update_data():
+        try:
+            with async_timeout.timeout(PLATFORM_TIMEOUT):
+                return await api.get_data()
+        except (IamMeterError, asyncio.TimeoutError):
+            raise UpdateFailed
+
+    coordinator = DataUpdateCoordinator(
+        hass,
+        _LOGGER,
+        name=DEFAULT_DEVICE_NAME,
+        update_method=async_update_data,
+        update_interval=SCAN_INTERVAL,
+        request_refresh_debouncer=debounce.Debouncer(
+            hass, _LOGGER, cooldown=0.3, immediate=True
+        ),
+    )
+    await coordinator.async_refresh()
+    entities = []
+    for sensor_name, (row, idx, unit) in api.iammeter.sensor_map().items():
+        serial_number = api.iammeter.serial_number
+        uid = f"{serial_number}-{row}-{idx}"
+        entities.append(IamMeter(coordinator, uid, sensor_name, unit, config_name))
+    async_add_entities(entities)
+
+
+class IamMeter(Entity):
+    """Class for a sensor."""
+
+    def __init__(self, coordinator, uid, sensor_name, unit, dev_name):
+        """Initialize an iammeter sensor."""
+        self.coordinator = coordinator
+        self.uid = uid
+        self.sensor_name = sensor_name
+        self.unit = unit
+        self.dev_name = dev_name
+
+    @property
+    def state(self):
+        """Return the state of the sensor."""
+        return self.coordinator.data.data[self.sensor_name]
+
+    @property
+    def unique_id(self):
+        """Return unique id."""
+        return self.uid
+
+    @property
+    def name(self):
+        """Name of this iammeter attribute."""
+        return f"{self.dev_name} {self.sensor_name}"
+
+    @property
+    def icon(self):
+        """Icon for each sensor."""
+        return "mdi:flash"
+
+    @property
+    def unit_of_measurement(self):
+        """Return the unit of measurement."""
+        return self.unit
+
+    @property
+    def should_poll(self):
+        """Poll needed."""
+        return False
+
+    @property
+    def available(self):
+        """Return if entity is available."""
+        return self.coordinator.last_update_success
+
+    async def async_added_to_hass(self):
+        """When entity is added to hass."""
+        self.coordinator.async_add_listener(self.async_write_ha_state)
+
+    async def async_will_remove_from_hass(self):
+        """When entity will be removed from hass."""
+        self.coordinator.async_remove_listener(self.async_write_ha_state)
+
+    async def async_update(self):
+        """Update the entity."""
+        await self.coordinator.async_request_refresh()
diff --git a/requirements_all.txt b/requirements_all.txt
index 58d5055c15f..3c37befe796 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -719,6 +719,9 @@ hydrawiser==0.1.1
 # homeassistant.components.htu21d
 # i2csense==0.0.4
 
+# homeassistant.components.iammeter
+iammeter==0.1.3
+
 # homeassistant.components.iaqualink
 iaqualink==0.3.1